Maria invests Rs 93750 at 9.6% per annum for 3 years and the interest is compounded annually.
Calculate the amount standing to her credit at the end of second year.
a) Rs 1,00,000 b) Rs 1,21,416 c) Rs 1,20,000 d) Rs 1,12,614
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(c) is the right answer I am sure
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